BTC 26 Sept 2025 replay

A replay of this market's rates, trades, liquidations, settlements and order books.

Expired

Sep 26, 2025, 12:00 AM

IY range

3.80% to 8.89%

5.09pp fixed-rate path

Funding range

-5.83% to 10.95%

16.78pp exchange funding settlements

Peak / final OI

—

no hourly coverage

Lifetime volume

$343.92M

8,250 trades

All trades

8,250Every trade in this market

All liquidations

6Every liquidation and deleverage

All settlements

168Every exchange funding settlement

Expiry replay

Scrub the market state before settlement

Sep 25, 2025, 11:00 PM

Cursor state

nearest hour

5.39%

Floating

10.47%

Spread

0.021pp

$8.92M

Remaining settlement path

resolvednone left

Liquidity decay

YU depth / APR spread

Book at cursor

Sampled Sep 25, 2025, 11:00 PM (exact)

▾

Replay

Implied APR (%)Size (YU)Total (YU)

Short Rate

5.67000.05891.6408
5.66000.05921.5818
5.65000.05941.5227
5.64000.05961.4633
5.63000.05981.4037
5.62000.06001.3439
5.61000.06021.2839
5.60000.06041.2237
5.59000.06061.1633
5.58000.06091.1027
5.57000.06111.0418
5.56000.06130.9807
5.55000.06150.9194
5.54000.06170.8579
5.53000.06200.7962
5.52000.06220.7342
5.51000.06250.6720
5.50000.60950.6095

0.010ppSpreadMid5.4950%

Long Rate

5.4900<0.0001<0.0001
5.40000.02720.0273
5.39000.26470.2920
5.38000.06520.3572
5.37000.06550.4227
5.36000.06570.4884
5.35000.06590.5543
5.34000.06620.6205
5.33000.06640.6870
5.32004.59355.2805
5.31000.06695.3474
5.30000.06725.4146
5.29000.06745.4821
5.28000.06775.5497
5.27000.06805.6177
5.26000.06825.6859
5.25000.06855.7544
5.24000.06875.8231

Events around cursor

2 events within ±6h

Time	Event	Rate	Size	Link
Sep 25, 2025, 7:06 PM	Trade	6.90%	$566.53K	0x5426...b58c
Sep 25, 2025, 11:55 PM	Trade	4.46%	$514.08K	0xbc94...600f

All trades All liquidations All settlements